Leading indicators of rig count (now <500) and building permits (-31% Y/Y) have translated into current losses (updated 3/4/16) per http://www.houston.org/pdf/research/quickview/EconomicIndicators.pdf The 14.1% drop in retail sales Y/Y should be alarming.

It's funny too, because I cam across SmartLand via a link while reading through some other articles, posts, comments etc. on BP. 

I hope to quit the W-2 by the time I'm 40 y/o, I'm 31 now.

In the Fall of every year, I send the tenant an estimate of my costs for the property: property taxes, insurance, garbage, CAM, and periodic repairs.

Andrey Y. wrote a blog article about this.  

Cost would be minimal and the return would not be calculable however considering it sold for $24,000 before that could be the highest return on investment if the price dropped to $1,000.The video was shot with a Sony Action Cam

One of y many goals in real estate is to pass on a well built rental company to my children and have them be competent to run it.

Some emerging markets along that stretch may be towns like San Marcos: in the triangle, college town, strong population growth, not Austin-y house prices.

Originally posted by @Andrey Y.

Let them know that you are an investor and give the general criteria of the types of properties you invest in and the general terms of your deals with Wholesalers, such as:I pay $5,000 upon closing for deals where I make a profit of at least $XX,000 or $10,000 if I make $XXX,000 or more.I'm looking for rehab deals where I can purchase the property at a 65% discount of After Repair Value.I'm looking for buy and hold deals for properties that at X beds/Y baths, Z,ZZZ square feet and monthly rental value of $A,AAA per month.The more you set your criteria upfront, the easier to weed out deals you aren't interested in.God Bless You!